Microsoft announced an update to the Xbox 360 dashboard with full Kinect support at their E3 presser today.
Apart from being capable of full voice control, the Xboxc 360 will get many new apps, including Youtube, and Bing, both of which are controllable via Kinect Voice Control. They also announced partnerships with TV stations to watch it all on your Xbox 360. This update comes this fall. All UFC games can be viewed live on the Xbox 360 as well.
Gotta admit, the Kinect is looking cooler and cooler with every announcement Microsoft makes.
Keep checking back for more information.